Choice Properties Real Estate Investment Trust
Choice Properties's GHG Emissions Data Preview
In 2024, Choice Properties completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Choice Properties has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
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aVerified Sources Behind Choice Properties’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Choice Properties’s data sources below and access millions more through our Disclosure Search.
Insights into Choice Properties's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Choice Properties amounted to 10,430 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Choice Properties decreased by 1.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Choice Properties's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Choice Properties's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Choice Properties were 5,150 metric tons of CO₂ equivalent (tCO₂e).a
Has Choice Properties reduced its Scope 1 emissions over time?
Since 2019, Choice Properties's Scope 1 emissions have increased by 8.65%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Choice Properties's Scope 1 emissions decreased by 4.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Choice Properties's Scope 2 emissions?
In 2024, Choice Properties reported Scope 2 greenhouse gas (GHG) emissions of 1,210 tCO₂e using the market-based method and 5,280 tCO₂e using the location-based method.a
Has Choice Properties reduced its Scope 2 emissions over time?
Since 2019, Choice Properties's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Choice Properties's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Choice Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Choice Properties's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Choice Properties use for Scope 2 reporting?
In 2024, Choice Properties reported its Scope 2 emissions using the market-based method and using the location-based method.a
Choice Properties's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Choice Properties's Value Chain Emissions
In 2024, Choice Properties reported 422,830 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Choice Properties includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Choice Properties's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Choice Properties's Scope 3 emissions?
In 2024, Choice Properties reported total Scope 3 emissions of 422,830 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 3.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.68% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Choice Properties reduced its Scope 3 emissions over time?
Since 2019, Choice Properties's Scope 3 emissions have decreased by 15.36%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Choice Properties's Scope 3 emissions remained relatively stable, indicating that Choice Properties's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Choice Properties disclose?
In 2024, Choice Properties reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Choice Properties's Scope 3 emissions?
In 2024, the largest contributors to Choice Properties's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 408,800 tCO₂e (96.68%)
- Purchased Goods and Services (Cat. 1): 14,030 tCO₂e (3.32%)
Choice Properties's Scope 3 Emissions by Categories
Insights into Choice Properties’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Choice Properties reported Scope 1 greenhouse gas (GHG) emissions of 5,150 tCO₂e and total revenues of USD 952 millions. This translates into an emissions intensity of 5.41 tCO₂e per millions USD.a
Choice Properties's Scope 1 Emissions Intensity Compared to Peers
How does Choice Properties's GHG emissions intensity compare to its peers?
In 2024, Choice Properties reported a Scope 1 emissions intensity of 5.41 tCO₂e per millions USD. Compared to the peer group median of 5.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Choice Properties rank on GHG emissions intensity within its industry?
In 2024, Choice Properties ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Choice Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Choice Properties's Total Carbon Footprint
In 2024, Choice Properties reported a total carbon footprint of 433,260 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.44% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Choice Properties's total carbon footprint was Scope 3 emissions, accounting for 97.59% of the company's total carbon footprint, followed by Scope 2 emissions at 1.22%.a